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It would be crazy profitable. But it is subsidizing a lot of rides right now, for example "Pool" rides where riders get the discount even if they are the only
by pbreit 11y ago
It would be crazy profitable.
But it is subsidizing a lot of rides right now, for example "Pool" rides where riders get the discount even if they are the only passenger.
- chralieboy 11y agoThat was the parent's question. If they froze prices with these subsidies, would it continue?
- geofft 11y agoYup. Alternatively, if they ended the subsidies and raised prices to match costs, would it go back to being a rich people's service? Don't get me wrong, taxis in many cities (especially SF) aren't serving the public reasonably. But Uber is only part of that conversation because it's price-competitive with taxis. If we thank them for identifying the problem, and then solve it by regularizing Uber's legal status, will the problem come back in three years once uberX and uberPOOL need to be profitable? Should we instead focus legislative effort on making taxis work?